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Summary: In order to get a good car with bad credit, a person will need to raise their credit score or do some financing on the car. Get pre-approved before going to a car dealer with tips from a financial consultant in this free video on credit cards and personal finance.
Carrie Kukuda has a business administration degree, and was branch manager of a community bank. Kukuda owns a consulting business for one-on-one credit education & budget/debt...read more
"Your car just died and you need a car loan. How to get a good car with bad credit is what I'm going to talk about today. And my name is Carrie Kukuda and I'm the someday coach. If you have bad credit you might want to pull your credit report and find out what your credit score is. And if your credit score is below six hundred you want to repair some of that credit before you are going to be able to get a car loan. If you are above that some of the things that they will consider is whether you have a job, and how long you maybe have been there. As well as if you have a checking account to see if you manage your money well. And as well as finding out presently if you are in any kind of form of a bankruptcy. You want to shop around, maybe go to people you know, somebody that maybe you are doing business already with. As well as shopping online to get to see what the best rates are, look at the different fee structures, and make sure that you are getting your best thing for your buck. Also you want to be preapproved before you go in to the car dealer because they do, do financing and they do make money off of you for the financing piece. So you,it may be costly to you but if you walk in already with an idea of what the rates are going to cost you, you can check out what they have to offer as well. So just be a smart consumer and again my name is Carrie Kukuda and good luck."
eHow Article: How to Get a Good Car With Bad Credit